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Trivium
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Freedom maximalist. Autodidact. Electrical Engineer. Critical thinking is the decentralization of the mind.

The Stoic vs the Buddhist...

Stoicism and Buddhism both teach that inner peace comes from mastering your mind. #trivium

Stoicism through rational control of what you can influence, and Buddhism through mindful detachment from impermanent desires.

Both are correct, if correctly applied.

This is why everyone should have a Glock.

Replying to Avatar deeznuts

Can I add one?

It made me think of Atlas Shrugged.

Mr. Thompson:

"We'll make it worth your while. Anything you name. Any amount. Just name the figure. A billion dollars? In gold, if you prefer?"

John Galt:

"What will it buy me?"

What i took from smiths description of free market is private ownership. LIMITED government was a prerequisite for him.

the word "capitalism." emerged in the 19th century, to describe the economic system that Smith’s ideas in The Wealth of Nations (1776) helped shape. Smith used terms like "commercial society" or "system of natural liberty" to describe a market-driven economy where individuals pursue self-interest under minimal government interference, which aligns with what we now call capitalism.

I've read The Wealth of Nations and The Theory of Moral Sentiments. I didnt have that as a take-away. Are you thinking of some different?

Quite a banger of a speech today by Secretary Bessent. High lights with translations...

"...defining a path forward requires leadership with a broad perspective and coordination across the whole of government. The Treasury Department is perfectly positioned to provide that leadership." - TRANSLATION: FU FED, TREASURY IS IN CHARGE NOW

"...the financial regulators have not, up to now, kept pace with digital assets or comprehended how their regulation by reflex was undermining the community bank model" - TRANSLATION: BITCOIN AND STABLE COINS ARE PART OF THE SOLUTION...GET ON BOARD.

"We will reject international standard setting that does not advance America’s interests.." TRANSLATION: FU BOE AND ECB, TREASURY IS IN CHARGE OF THE EURO DOLLAR MARKET NOW.

"Excessive capitalization, for example, reduces bank lending. This stymies growth and distorts market structure in ways that increase risk". - TRANSLATION: WE ARE GOING TO NEED TO PRINT ALOT OF MONEY.

INSERT nostr:nprofile1qqsw4v882mfjhq9u63j08kzyhqzqxqc8tgf740p4nxnk9jdv02u37ncpz4mhxue69uhkummnw3ezumtpd35kutn0dekqz9rhwden5te0dehhxarjwdshganp9ehx2aqkrad8w MEME HERE

https://home.treasury.gov/news/press-releases/sb0202

We've got alot of education to do...I'll start

capitalism

noun

cap·​i·​tal·​ism ˈka-pə-tə-ˌliz-əm ˈkap-tə-

: an economic system characterized by private ownership of capital goods, by investments that are determined by private decision, and by prices, production, and the distribution of goods that are determined mainly by competition in a free market

Call option volume. Looks like they are squeezing stocks higher.

I was firmly in the NEVER SELL YOUR BITCOIN camp...Then I saw this 👇

👀

The BOE is asking banks to assess resilience against a U.S. dollar liquidity freeze, even against swap lines from the FED.

Reminder: Scott Bessent worked for Soros and Stan Druckenmiller to collapse the British pound in1992.

Do not underestimate the power, the need, or the reach of Nostr. It is today's version of "Common Sense"... BUT WITH ZAPS!!!

Replying to Avatar Weatherall

go ahead and parse the term "income" while you are at it...

received payment for your labor is NOT "income" - it is your personal PROPERTY.

the fulcrum of the western concept of "property" rests upon YOUR LABOR. That is your primary PROPERTY which you trade for money, another form of PROPERTY.

working is also a RIGHT, NOT a "privilege" , therefore it may not be licensed and taxed:

"Miller v. US, 230 F2d 489 “The claim and exercise of a Constitutional right cannot be converted into a crime.”

Shuttlesworth v. Birmingham 394 U.S. 147 (1969).

“Persons faced with an unconstitutional licensing law which purports to require a license as a prerequisite to exercise of right… may ignore the law and engage with impunity in exercise of such right.”

US Supreme Court in Hurtado v. California 110 US 516:

“The state cannot diminish the rights of the people.”

Sherar v. Cullen, 481 F2d 946(1973)

“… there can be no sanction or penalty imposed upon one because of his exercise of constitutional rights”

Rights cannot be taxed. (the power to tax is the power to destroy according to the Supreme Court).

U.S. Supreme Court in Murdock v. Pennsylvania 319 U.S. 105 (1943): “The power to tax the exercise of a privilege is the power to suppress its enjoyment. … Those who can tax the exercise of this practice can make its exercise so costly as to deprive it of the resources necessary for its maintenance. Those who can tax the privilege … can close the doors to all those who do not have a full purse.”

Also in Murdock: “a person cannot be compelled “to purchase, through a license fee or a license tax, the privilege freely granted by the constitution.””

These people literally have no conscience.